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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
The term 'Ethnic' is derived form the ______ word meaning 'nation'
Choose an answer
Latin
Greek
Malayalee
Polynesian
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Question # 2
When was Asian Development bank established?
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1966
1967
1968
1965
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Question # 3
What does LAPES stand for?
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Low activity Parachute Extraction system
Low altitude parachute extraction system
Low Area Parachute Evaluation service
Lightly Articulate Pulmonary Extension
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Question # 4
The basic different between the ''short run''and the ''long run'' is that:
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All cost are fixed in the short run, but all costs are variable i8n the long run
The law of diminishing returns applies in the long run, but not in the short run.
At least one resource is fixed in the short run while all resources are variable in the long run
Economies of scale may be present in the short run, but not in the long run.
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Question # 5
What does stesso mean?
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Same
more motion
stop
quicker
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Question # 6
Under normal circumstances, when the price of a commodity falls. the quantity demanded will:
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Decrease
Increase
Remain unchanged
Nobody knows
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Question # 7
Which one of he following is not a natural element of power?
Choose an answer
Political parties
Resources
Population
Geography
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Question # 8
What is the single most important factor that makes the markets works?
Choose an answer
Money
Alan Greenspan
Markets don't works
Greed
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Question # 9
Every country establishes central bank to:
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issue notes
Supervise commercial banks
Give loans to businessmen
Both a and b
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Question # 10
Court granted permission to not pay some or all of its debts which force it out of business?
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Bond
Bankruptcy
Principal
Interest
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Question # 11
When the money market is in equilibrium:
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The quantity of money demanded equals the quantity of money supplied
The interest rate is neither increasing nor decreasing
bond prices are stable
All of the above hold true
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